Question 1: What does Yu’e Bao mean? Yu’e Bao is a balance value-added service created by the third-party payment platform Alipay for individual users. Through Yu’e Bao, users can not only get higher returns, but also consume, pay and transfer money at any time, without any

Handling fee.

Users can directly purchase funds and other financial products on the Alipay website and obtain relatively high returns. At the same time, the funds in Yu'e Bao can be used for online shopping, Alipay transfers and other payment functions at any time.

The funds transferred to Yu'e Bao will be confirmed by the fund company on the second working day, and the income will begin to be calculated for the confirmed shares.

Yu’ebao is actually Zenglibao operated by Tianhong Fund.

From a security perspective, because it is guaranteed by Alipay, the funds are safe.

From an investment perspective, because this kind of investment is not principal-guaranteed, there may be a loss of principal under certain circumstances.

However, since the investment targets are relatively safe products such as treasury bonds and bank deposit certificates, the risk is relatively small.

Yu'e Bao's yield has increased significantly recently.

Taking 10,000 yuan as an example, the income earned by depositing Yu'e Bao in one day is approximately: 1.9 yuan. The annualized rate of return is as high as 6.8%, and the interest is settled daily.

It is equivalent to compound interest, which is much higher than the annual interest rate of a bank's 5-year time deposit!

Question 2: What does Alipay’s “Yue Bao” mean?

Yu'ebao is a balance value-added service created by the third-party payment platform Alipay for individual users.

The scale of Yu'ebao has exceeded 250 billion yuan, and the number of customers has exceeded 49 million. Tianhong Fund has become the largest fund management company in China [1-2].

Through Yu'e Bao, users can not only get income, but also consume, pay and transfer money at any time, just as conveniently as using Alipay balance.

Users can directly purchase funds and other financial products on the Alipay website. At the same time, funds in Yu'e Bao can be used for online shopping, Alipay transfers and other payment functions at any time.

The funds transferred to Yu'e Bao will be confirmed by the fund company on the second working day, and the income will begin to be calculated for the confirmed shares.

In essence, it is a monetary fund and there are still risks.

baike.baidu/...1ruzj_ Question 3: What does Yu'e Bao on Alipay mean?

Yu'ebao is a balance value-added service created by the third-party payment platform Alipay for individual users.

The scale of Yu'ebao has exceeded 250 billion yuan, and the number of customers has exceeded 49 million. Tianhong Fund has become the largest fund management company in China [1-2].

Through Yu'e Bao, users can not only get benefits, but also consume, pay and transfer money at any time, just as conveniently as using Alipay balance.

Users can directly purchase funds and other financial products on the Alipay website. At the same time, funds in Yu'e Bao can be used for online shopping, Alipay transfers and other payment functions at any time.

The funds transferred to Yu'e Bao will be confirmed by the fund company on the second working day, and the income will begin to be calculated for the confirmed shares.

In essence, it is a monetary fund and there are still risks.

Question 4: What do the balance and Yu'E Bao in Alipay mean? The balance is how much money you still have in Alipay, and Yu'E Bao is similar to the bank's survival period. Question 5: What is Yu'E Bao?

Regarding Alipay’s newly launched “Yue Bao” business, there has been a lot of debate about Internet finance.

What's worse is that the lack of basic financial knowledge among the general public makes many arguments and conjectures completely meaningless.

In most of the debates caused by @江南狠青’s Weibo post, I personally feel that more than half of them are due to a lack of basic financial knowledge.

Therefore, let us temporarily put down the unfathomable banner of Internet finance and return to the most basic financial knowledge to see what exactly "Yue Bao" is, where the high returns come from, and whether ordinary people should use this new thing.

.

1. Functions and principles of "Yue Bao" The interest rate on demand deposits in bank accounts is very low, only 0.35%.

However, the interest on the money in the Alipay account is lower, zero, because Alipay is not a bank, and financial regulatory policies do not allow Alipay to pay interest on the money in the account.

As a result, Alipay made a financial innovation and launched the "Yue Bao" function based on Alipay accounts.

The money in your Alipay account remains the same as before and can be spent and transferred at any time, but there is no interest.

But once you transfer the money from your Alipay account to "Yu'E Bao", Alipay will automatically help you buy the money into a currency fund called "Tianhong Zenglibao Currency". In this way, the money you have in "Yu'E Bao" will be

You can get income from monetary funds, and Alipay also allows you to directly use the money in "Yue Bao" for consumption (personal test results show that transfers and credit card payments are not supported, please correct me if there are any errors).

Therefore, it is inappropriate to directly compare "Yue Bao" with bank demand deposits.

The income from "Yue Bao" is not interest, but the income from monetary funds. Although the risk of monetary funds is very low, it is still higher than the risk of deposits with statutory interest payments.